Stock Price & Analysis

Based on the provided data and recent market activity, here's a concise analysis of MELI stock:

Technical Analysis The stock is currently trading at $1,836.99, showing a slight decline of -0.06% in the last session. Technical indicators suggest a mixed picture with an RSI of 53.59, indicating neutral momentum.

Recent Performance & Market Position MercadoLibre has demonstrated strong fundamental growth with impressive Q3 2024 results:

• Revenue increased 35% year-over-year to $5.3 billion
• Added nearly 7 million new customers
• Mercado Pago reached 56.2 million monthly active users, up 35%
• Credit card payment volume surged 166%

Analyst Sentiment Recent analyst ratings show a generally positive outlook:

• Wedbush maintains Buy rating with $2,100 target (16.7% upside)
• JPMorgan maintains Hold rating with $1,950 target (12.13% upside)
• Morgan Stanley maintains Buy rating with $2,450 target (24.93% upside)

Growth Catalysts

• Strong e-commerce expansion in Latin America
• Continued growth in fintech services through Mercado Pago
• Robust performance despite economic concerns in Argentina

Technical Levels Current key levels based on Fibonacci analysis:

• Resistance: $1,855.12
• Support: $1,741.27
• Pivot: $1,798.19

Based on the analysis, MELI appears to be a HOLD at current levels. While the company shows strong fundamental growth and positive analyst sentiment, the current price is near resistance levels and technical indicators suggest neutral momentum.

Based on the provided data and market analysis, here is the price prediction for MercadoLibre (MELI) stock in 2025:

MELI stock is expected to reach $2,300 by end of 2025, driven by continued strong e-commerce and fintech growth in Latin America. The company's impressive 35% revenue growth, record-breaking customer acquisition of 7 million new users, and 166% increase in credit card payment volume demonstrate robust business momentum. The stock's current technical indicators showing RSI at 53.59 suggest room for further upward movement from current $1,836 level.

The S1 support level for MELI Stock is $1746.9 ,The R1 resistant level for MELI Stock is $1867.3.

As of the end of day on 2025-01-24, the price of MELI Stock was $1841.5.

The target price for MELI Stock according to analyst rating is 2,245, with the highest price target at 2,450 and the lowest at 1,950. Analysts have a Strong Buy rating on MELI Stock overall.

The market cap of MELI is $93.5B.

Based on the provided data and current market conditions, I'll analyze whether MELI is overvalued through multiple perspectives.

Valuation Metrics MELI's current valuation metrics show elevated levels:

• P/E ratio: 73.05 (Q3 2024)
• EV/EBITDA: 43.87 (Q3 2024)
• P/S ratio: 5.69 (Q3 2024)
• P/B ratio: 25.88 (Q3 2024)

Growth & Profitability The company demonstrates strong growth and improving profitability:

• Revenue grew to $5.31B in Q3 2024, up from $4.33B in Q1 2024
• Net income reached $397M in Q3 2024
• Gross margin remains stable at ~46%
• ROE shows strength at 42.62%

Recent Performance Trading at $1,836 as of January 17, 2025, with multiple analysts maintaining positive ratings despite recent price target adjustments. JPMorgan lowered target to $1,950 citing currency moves and higher capital costs, while Wedbush maintains Buy rating with $2,100 target.

Market Position & Growth Catalysts MercadoLibre continues showing exceptional performance in Latin America's e-commerce and fintech markets:

• Added 7 million new customers
• 166% growth in credit card payment volume
• Significant expansion in financial services

Conclusion While traditional valuation metrics suggest MELI is expensive, the company's strong growth trajectory, improving profitability, and dominant market position in Latin America's growing digital economy justify the premium valuation. The stock is fairly valued considering its growth potential and market leadership.

Mercado Libre Inc is a Uruguay-based e-commerce business facilitator of Argentinian origins. The e-commerce products enable retail and wholesale via Internet platforms designed to provide users with a portfolio of services to facilitate commercial transactions. The Company's geographic coverage includes 18 countries of Latin America. The primary offer is an ecosystem of six integrated e-commerce services: the Mercado Libre Marketplace, the Mercado Libre Classifieds service, the Mercado Pago payments solution, the Mercado Credito financial solutions, the Mercado Envios logistic solutions including shipping, the Mercado Ads advertising platform and the Mercado Shops digital storefront solution.

Based on the provided data and market analysis, here's a projection for MercadoLibre (MELI) stock price by 2030:

MercadoLibre's stock is projected to reach approximately $4,200 by 2030, driven by its dominant position in Latin American e-commerce and fintech markets. The company's recent performance shows strong momentum with 35% revenue growth and significant expansion in both e-commerce and financial services segments.

The company's fintech platform Mercado Pago has demonstrated exceptional growth with a 166% increase in credit card payment volume and is positioned to become a major digital banking player in Latin America, suggesting sustained long-term growth potential.

Current technical indicators show an RSI of 53.59 and negative MACD of -14.18, indicating a neutral short-term position but healthy long-term fundamentals for continued growth, supported by strong analyst ratings with price targets ranging from $1,800 to $2,150 in the near term.

MELI has a total of 58313 employees.